October 28, 2016

Couple claim trial for money laundering involving RM4m

A businessman and his wife pleaded not guilty and claimed trial at the Sessions Court here today to 15 counts of involvement in money laundering amounting to RM4 million.

Ahmad Shahabudin Talib, 36, was charged with 10 counts of the alleged offences involving RM3.7 million, while his wife, Ummi Salwanis Harun, 32, was charged with five counts of the alleged offences involving RM300,000.

Ahmad Shahabudin was alleged to have received the money that had been illegally deposited into the bank account of his company Perniagaan Omega Point, and to have used the money to repay his Amanah Saham Bumiputera loan and to purchase a luxury vehicle, a Toyota Vellfire.

Ummi Salwanis, on the other hand, was alleged to have committed the offence by taking an illegal deposit to settle her National Higher Education Fund Corporation (PTPTN) loan and keeping it in her personal savings account.

They were charged under subsection 4(1)(a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001, which carries a maximum fine of RM5 million, or five years’ jail, or both, if convicted.